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20110701
20110731
Search Results 0 to 4 of about 5 (some duplicates have been removed)
as well. so we need to do something big. >>> plus, decline of an empire? murdoch makes the cover of "time." the uk makes another arrest. and u.s. lawmakers demand investigations into news corp's actions here at home. >>> strikeout. why did the judge just declare a mistrial in the roger clemens' perjury case? >>> good day. i'm andrea mitchell live in washington. it's round five of the debt talks today. coming off the most heated exchange yet in the debt negotiations between president obama and republican leaders. eric cantor says the president all but stormed out of the last meeting. democrats have a different story. their version is that in fact, it was the republicans' fault. major garrett is congressional correspondent. here we are unveiling the cover as we do every week of the "national journal." let's talk about these negotiations. we've got he said/he said, basically. you have two sides accusing each other of storming out. it clearly got a little bit testy. >> it got testy -- >> we're told cantor interrupted the president several times. >> eric cantor was persistent, i'm sure. eric c
as you know can happen instantly if some big player decides to sell off. >> obviously i'm not qualified to speak on behalf of the markets and what they will or will not do, but just my own judgment based upon all the various kinds of conversations that are occurring, are that we will find a way to deal with this issue. we do know that the root cause of our debt and deficit problem is spending is just too high. we also want economic growth. we don't want to embrace policies that we sincerely believe will damage the economy and hurt job creation. if you do that, then you lose even more revenues. so what we want to do is get a downpayment on our deficit and debt by getting spending cuts. i think that there are constructive conversations that are occurring both sides of the rotund rotunda, both sides of pennsylvania avenue. i do believe cooler heads will prevail. >>> what are the constructive conversations? for instance, are some elements of the gang of six proposal, i know you said it's not specific enough, it doesn't go adequately to slowing the growth of health spending, but are there co
. there is -- there aren't that many big differences between the boehner plan and the reid plan other than one critical difference which is under john boehner's plan, we would be right back in this mess right at the holiday season, having this same debate, creating uncertainty in the economy at one of the most critical times for the economy, the holiday season. we don't want to do that. that's the wrong thing to do. that's not just the president's opinion. that's just not the opinion of independent financial analysts. that was actually john boehner's opinion and eric cantor's opinion just a few weeks ago when they were making the same case the president is making. >> true enough, but there is plenty of precedent for short-term debt ceiling limits being raised. aside from ruining all of our holidays, what's the damage in revisiting this six months from now? is the president really, when it comes down to it after the warning from all the big bankers, is he going to veto a short-term increase? >> there are two points. first is we are in a completely different situation now than we have ever been. there ha
Search Results 0 to 4 of about 5 (some duplicates have been removed)